54 - Hu NH Châu Sa

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1.

Overview/introduction
2.Reasons for performance
3.Positive aspects
4.Negative aspects
5.Future outlook

3. Executive summary:
Despite the economic downturn in Asia, the company has shown excellent progress throughout
the year. There have been some reasons contributing to that performance, including the
decrease in the cost of materials. Moreover, there were notable positive aspects such as the
growth of 3% in the previous quarter and the rising sales revenue by 3% during the final quarter.
Additionally, sales volume increased by 4% in the final quarter, resulting in an operational cash
flow of €52 million.

To further strengthen its operational capabilities, the company invested €3 million in a new fleet
of delivery vehicles and paid off €3.5 million in debt related to new office expansions. Although
the annual dividend slightly decreased from €2.30 to €2.30, a newly launched website has been
well received by customers, enhancing the company’s online presence and service accessibility.
Unfortunately, there were some setbacks as sales volume dropped by 2% in the second and
third quarters, leading to an overall sales total of €98 million, which marks a 2% decrease from
the previous year. However, despite these challenges, the forecast remains promising, with
anticipated growth in the upcoming quarters

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